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i've worked with him in that environment to know that he does not think of those things lightly and let me make it very clear that based on again, my discussions with him, he has not provided paula broadwell or anyone with information, classified information that they shouldn't have. >> has he had any conversation or contact with paula broadwell in the last few days? >> last few days, i'm not aware of any. she, up until everything that came out with the news, i'm sure she was still working on her dissertation. there was some potential contact back and forth over a little bit of time about that. you have to imagine somebody who is doing their dissertation is not going to just give up that entire body of work and research very easily. >> what about jill kelley? how do you describe david petraeus' relationship with her? >> i think very simply as close personal friends of not only david petraeus but of his wife, holly, as well. they met the kelleys not too long after they arrived at tampa, mcdill air force base, home of u.s. central command, where he became the commander october 31st, 2008.
i've worked with him in that environment to know that he does not think of those things lightly and let me make it very clear that based on again, my discussions with him, he has not provided paula broadwell or anyone with information, classified information that they shouldn't have. >> has he had any conversation or contact with paula broadwell in the last few days? >> last few days, i'm not aware of any. she, up until everything that came out with the news, i'm sure she was still...
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. >>> they are the men and women who make sure hospitalized veterans are in a clean environment. more than 300 janitors at walter reed medical center say they haven't been paid in two weeks. supporters came out to stand in solidarity with the janitors tuesday at a rally in bethesda. 9news spoke with one of the frustrated employees. >> i have done the job. i have complied with their regulations and everything but i'm not getting paid. >> it tends to get frustrating. the federal contractor that employs the janitors says the government hasn't paid them so they can't pay their workers. >>> it is 5:52. making news now, business owners in lower manhattan may not be able to survive superstorm sandy, even those who have made enough repairs to be able to open have seen a dropoff in customers. many stores remain closed and even employees with open businesses are having their hours scaled back. >>> little good transportation news in new york after the big storm sandy. part of the battery tunnel reopened before last night's rush hour. 86 million gallons of water from sandy's storm surge swam
. >>> they are the men and women who make sure hospitalized veterans are in a clean environment. more than 300 janitors at walter reed medical center say they haven't been paid in two weeks. supporters came out to stand in solidarity with the janitors tuesday at a rally in bethesda. 9news spoke with one of the frustrated employees. >> i have done the job. i have complied with their regulations and everything but i'm not getting paid. >> it tends to get frustrating. the...
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technologies, rigorous practices help ensure our operations are safe and clean for our communities and the environment. we're america's natural gas. >>shepard: approaching the top of the hour in business news, and we are looking at the last of the stock market at the stock exch
technologies, rigorous practices help ensure our operations are safe and clean for our communities and the environment. we're america's natural gas. >>shepard: approaching the top of the hour in business news, and we are looking at the last of the stock market at the stock exch
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technologies allow natural gas producers to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. >>> breaking news comes from the middle east at this hour. the head of the military wing of hamas was killed today. assassinated in an israeli air strike in gaza. hamas says this man was in a car when it was hit by an israeli missile. the israel will defense forces say that he was directly responsible for carrying out terror attacks against israel for years. the attack came actually after the prime minister, benjamin netanyahu, warned this week of pending retaliation for the increased rocket attacks coming out of gaza. the palestinian government has issued a statement calling him a great leader, end quote. reuters is reporting
technologies allow natural gas producers to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. >>> breaking...
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many chinese people eaten so well and been so vocal in demanding both safe, affordable food and an environment worth living in. china's leaders will need to show creativity and balance to meet those demands. the chinese people are watching to see that they do. >> ifill: mary kay magistad writes about exploding watermelons and other food safety challenges for chinese consumers in a blog post. we also have a slide-show of images from china's burgeoning meat industry. you can find both links on our web site. again, the major developments of the day. marine general john allen, the top commander in afghanistan, came under scrutiny over e-mails and messages with a florida woman who triggered the david petraeus probe. and congress returned to work in a lame-duck session. lawmakers faced the challenge of preventing major tax hikes and spending cutin the new year. tonight's edition of "frontline" explores the polarizing issue of assisted suicide. kwame holman has the details. >> holman: in "the suicide plan," filmmakers uncover a surprisingly coordinated underground world of assisted suicide in america
many chinese people eaten so well and been so vocal in demanding both safe, affordable food and an environment worth living in. china's leaders will need to show creativity and balance to meet those demands. the chinese people are watching to see that they do. >> ifill: mary kay magistad writes about exploding watermelons and other food safety challenges for chinese consumers in a blog post. we also have a slide-show of images from china's burgeoning meat industry. you can find both links...
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technologies allow natural gas producers to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. domestic, abundant, clean energy to power our lives... wooohooo....hahaahahaha! oh...there you go. wooohooo....hahaahahaha! i'm gonna stand up to her! no you're not. i know. you know ronny folks who save hundreds of dollars switching to geico sure are happy. how happy are they jimmy? happier than a witch in a broom factory. get happy. get geico. fifteen minutes could save you fifteen percent or more. to volunteer to help those in need. when a twinge of back pain surprises him. morning starts in high spirits, but there's a growing pain in his lower back. as lines grow longer, his pain continues to linger. but after a long day of
technologies allow natural gas producers to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. domestic, abundant,...
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exposed -- we're doing some crazy things with our kids now where we almost want to keep them in a sterile environment, not necessarily the best thing because that is how kids build up immunities, right? >> right. i mean now we are pretty much saying well, maybe it is good to eat a little dirt. >> okay. are you an actual doctor? where did we get this guest? okay. >> mankind survived for many generations doing so and it is only in the last few generations that we've become so clean. >> that's right. >> and i'm interested in the shellfish allergies because my mom had the same problem. she turned like 50. one day, she had crab and never again. >> you develop it late in life. once you developed it, it is there. >> and why would that develop all of a sudden? ican't really tell you that. >> is this anything can you do to -- other than be exposed as a young child. is there anything you can do to prevent allergies? >> i think maybe the answer is that you are constantly he can forked to things so that you keep your level of tolerance up. if you are allergic to an antibiotic, if you have been desensitized to it
exposed -- we're doing some crazy things with our kids now where we almost want to keep them in a sterile environment, not necessarily the best thing because that is how kids build up immunities, right? >> right. i mean now we are pretty much saying well, maybe it is good to eat a little dirt. >> okay. are you an actual doctor? where did we get this guest? okay. >> mankind survived for many generations doing so and it is only in the last few generations that we've become so...
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in this environment, intelligence was critical for staying alive. today we just need an ipad to get by. greg. the future says technologies will find a solution to our diminishing brain power. what do they mean by that solution? are the machines going to murder us all? >> the argument is that intelligence creates progress and progress makes us dumber by reducing the use of the genes. then thee theoretic should diminish progress and should stop this decrease in stupidity. it means it is bs. >> you didn't even listen to me. >> i did. and i am thinking of the machines. it is a different kind of intelligence. >> we are getting dumber. not by jeans, but by choice. we do dumb things because we can. survival has been replaced by recreation. recreation, 99% is doing stupid things like traveling to other countries is stupid because you could die, but you still do it anyway. it is better to stay in your apart meant and not do anything which is what you did when you wanted to survive. >> it is not better. >> get me the audio book. i don't read anything. >> dian
in this environment, intelligence was critical for staying alive. today we just need an ipad to get by. greg. the future says technologies will find a solution to our diminishing brain power. what do they mean by that solution? are the machines going to murder us all? >> the argument is that intelligence creates progress and progress makes us dumber by reducing the use of the genes. then thee theoretic should diminish progress and should stop this decrease in stupidity. it means it is bs....
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everything from defense to education to food safety to environment programs all impacted. the bush era tax cuts will expire with a hike in tax rates for all brackets. 26 million more taxpayers will be hit with the amt. the payroll tax holiday expires and the federal unemployment benefits extension will also expire. the nonpartisan congressional budget office says that would cause the economy to contract and push unemployment over 9%. david cody, one of those that took part in the meeting, says if a compromise can't be reached, it could send a very bad message to the markets. >> you could have a recession far greater than forecasted because now you get to this crisis of confidence that says my god, those guys can't govern at all anymore. the most fiscally responsible big nation in the world just can't govern itself, so what hope do you have? >> if congress does not act, growth will stall. jobs will be lost and our nation's credit will be hurt. >> the business round table, a lobbying group of the country's leading ceos, began running print and web spots to pressure republica
everything from defense to education to food safety to environment programs all impacted. the bush era tax cuts will expire with a hike in tax rates for all brackets. 26 million more taxpayers will be hit with the amt. the payroll tax holiday expires and the federal unemployment benefits extension will also expire. the nonpartisan congressional budget office says that would cause the economy to contract and push unemployment over 9%. david cody, one of those that took part in the meeting, says...
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the moms tweet their location to the milk truck whenever they feel they're in an unwell cu unwelcome environment. the milk truck will come. raised $15,000 for this. you hear, women forced into bathrooms to nurse. not legal in all 50 states. >> that's crazy. >> in public domain. i should say. >> it is nature the i never understood why people get freaked out by all that stuff. that truck, that truck. >> tata truck. >> wonder if they host bachelor parties. also, take a look. video speaks for itself. a product that started as a joke. actually is a real thing you can been for $40. a swifter you put on your kid, crawl on the floor, they're cleaning up. same team they're crawling. get it for $40. betterthanpants.com. started as a >>> this morning on "world news now" -- we follow the e-mail trail that is at the center of the military sex scandal. >> that is just as we are seeing one of the women involved for the first time since the story broke. it's wednesday, november 14th. >> announcer: from abc news this is "world news now." > >>> good morning, everybody. well paula broadwell was seen just last nigh
the moms tweet their location to the milk truck whenever they feel they're in an unwell cu unwelcome environment. the milk truck will come. raised $15,000 for this. you hear, women forced into bathrooms to nurse. not legal in all 50 states. >> that's crazy. >> in public domain. i should say. >> it is nature the i never understood why people get freaked out by all that stuff. that truck, that truck. >> tata truck. >> wonder if they host bachelor parties. also, take...
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those also take a toll on the environment but about 50% do get recycled. that's compared to about 5% of plastic bags. but manufacturers say banning the bags is unfair. >> the amount of litter nationally that plastic bags produce is less than half of 1%. >> reporter: marine scientis is with the advocacy group heal the bay and says in los angeles plastic bags make up closer to 25%. >> litter on the streets gets washed through the storm sewer system, through our waterway systems. and plastic bags are part of that trash. >> reporter: she says since the floating plastic can resemble jellyfish animals like sea otters confuse it for food. the future of plastic bags can depend on what happens in los angeles. l.a. is studying the impact of banning its own bag and could be the largest city in the country to ban plastic bags. >> coming up after your local news on cbs "this morning" new developments in the scandal involving general david petraeus and john allen. we'll get reaction from former chairman of the joint chief of staff richard myers who knows both men. congr
those also take a toll on the environment but about 50% do get recycled. that's compared to about 5% of plastic bags. but manufacturers say banning the bags is unfair. >> the amount of litter nationally that plastic bags produce is less than half of 1%. >> reporter: marine scientis is with the advocacy group heal the bay and says in los angeles plastic bags make up closer to 25%. >> litter on the streets gets washed through the storm sewer system, through our waterway systems....
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real- life, real world experiences with technologies, how the product is made, how it's helped the environment and so on. >> reporter: chris, residents can use this, too? >> yes. and a lot of watering companies give rebates to cover part of the cost of the controller. >> reporter: so if you want a savings on your water, no more waste, it's not acceptable, visit you was at cbssf.com and look up hydropoint. michelle and frank, this is like a smartphone but matter is watering. you know what i'm saying? >> we got it. thank you, roberta. >>> well, when we come back, "people" magazine makes its most anticipated announcement of the year. who is 2012's sexiest? we'll tell you coming up. ,,,,,,,,,,,,,,,,,,,, smoke. >>> well well, today's tip of the day is going to be is with celery. but let's talk about selection. when you buy your celery, green from top to bottom very important. the leaves up here, free from any yellowing whatsoever and it's got to be squeaky when you squeeze it. that's also very important. when you bring them home store them in the refrigerator right away. now, even though it looks h
real- life, real world experiences with technologies, how the product is made, how it's helped the environment and so on. >> reporter: chris, residents can use this, too? >> yes. and a lot of watering companies give rebates to cover part of the cost of the controller. >> reporter: so if you want a savings on your water, no more waste, it's not acceptable, visit you was at cbssf.com and look up hydropoint. michelle and frank, this is like a smartphone but matter is watering....
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lyric can also give you exceptionally clear, natural sound in quiet and noisy environments because of how it works with your ear's own anatomy. can your hearing aid do all this? lyric can. to learn more about lyric's advanced technology, call 1-800-511-3035 or visit trylyric.com for a risk-free 30 day trial offer and free dvd and brochure. get the hearing aid that can. lyric from phonak. lyric can. since ameriprise financial was founded back in 1894, they've been committed to putting clients first. helping generations through tough times. good times. never taking a bailout. there when you need them. helping millions of americans over the centuries. the strength of a global financial leader. the heart of a one-to-one relationship. together for your future. ♪ zimplt this is the cnn newsroom. we're continuing our special coverage right now. the president's first news conference since being re-elected. i'm wolf blitzer in washington. i'm joibd by our league suzanne malveaux. these shooes at the cnn center in tlapt. our gloria borger, our donna brazil and alex, our national security cred
lyric can also give you exceptionally clear, natural sound in quiet and noisy environments because of how it works with your ear's own anatomy. can your hearing aid do all this? lyric can. to learn more about lyric's advanced technology, call 1-800-511-3035 or visit trylyric.com for a risk-free 30 day trial offer and free dvd and brochure. get the hearing aid that can. lyric from phonak. lyric can. since ameriprise financial was founded back in 1894, they've been committed to putting clients...
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technologies, rigorous practices help ensure our operations are safe and clean for our communities and the environment. we're america's natural gas. >>> welcome back to "early start." more than two weeks after super storm sandy, thousands of people in new york are still in the dark and cold demanding answers right now. >> much of the anger is directed at the long island power authority or lipa for failing to respond to the big one. lipa is the target of a class-action lawsuit and its chief operating officer is stepping down. deb feriyak has been covering this for us. >> it's ban hot mess is the only way to describe it. you have an organization that basically hires out the power grid to a different contractor and what ended up happening is they basically lost control. they weren't prepared. they knew that the big storm was coming but reports said they didn't make the most basic changes like cutting tree branches so the wires wouldn't have to be taken down. this caused a lot of people to be plunged into darkness during the storm. people on long island are tired of the cold, the dark and the run-around f
technologies, rigorous practices help ensure our operations are safe and clean for our communities and the environment. we're america's natural gas. >>> welcome back to "early start." more than two weeks after super storm sandy, thousands of people in new york are still in the dark and cold demanding answers right now. >> much of the anger is directed at the long island power authority or lipa for failing to respond to the big one. lipa is the target of a class-action...
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technologies, rigorous practices help ensure our operations are safe and clean for our communities and the environment. we're america's natural gas. social security are just numbers thinkin a budget.d... well, we worked hard for those benefits. we earned them. and if washington tries to cram decisions about the future... of these programs into a last minute budget deal... we'll all pay the price. aarp is fighting to protect seniors with responsible... solutions that strengthen medicare and... social security for generations to come. we can do better than a last minute deal... that would hurt all of us. well that was uncalled for. folks who save hundreds of dollars switching to geico sure are happy. how happy, ronny? happier than gallagher at a farmers' market. get happy. get geico. chances are, you're not made of money, so don't overpay for motorcycle insurance. geico, see how much you could save. so i brought it to mike at meineke. we gave her car a free road handling check. i like free. free is good. my money. my choice. my meineke. >>> 32 people are dead, 438 sick from a deadly meningitis outbreak
technologies, rigorous practices help ensure our operations are safe and clean for our communities and the environment. we're america's natural gas. social security are just numbers thinkin a budget.d... well, we worked hard for those benefits. we earned them. and if washington tries to cram decisions about the future... of these programs into a last minute budget deal... we'll all pay the price. aarp is fighting to protect seniors with responsible... solutions that strengthen medicare and......
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the goal is to emphasize the need for safer school environments. >>> local government leaders, students, teachers and local religious leaders are working to reduce teen smoking. today they're going to join the healthcare coalition for all in annapolis to ask for a $1 increase. three cigarette taxes have reduced smoking by 32% in the state of maryland. that is more than double the current national average. >>> you voted to expand gambling, now you're going to find out exactly what that means. this morning maryland casinos are going to be offering plans for table games and 24-hour gaming. they're expected to address the reconfiguration of the casino floor to help accommodate those new games, the creation of 1200 jobs and introduce a dealer training school. officials will also talk about the impact this could have on future tax revenues for the state of maryland. >>> time now for a check of that forecast once again. lynette is here with us. you talked about the changes that were coming. this was on friday and into monday. you have certainly held up your end of the deal. >> i love it when i
the goal is to emphasize the need for safer school environments. >>> local government leaders, students, teachers and local religious leaders are working to reduce teen smoking. today they're going to join the healthcare coalition for all in annapolis to ask for a $1 increase. three cigarette taxes have reduced smoking by 32% in the state of maryland. that is more than double the current national average. >>> you voted to expand gambling, now you're going to find out exactly...
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also an expert politician who knew exactly how to get things done, exactly in a partisan political environment. sound familiar? what lessons want we learn from him? joining us now, author of a new fantastic book called "thomas jefferson, the art of power." john meachem joins us live. >> you talk about how thomas jefferson, as he gets up first thing ing, as many people are now, he had a ritual he would plunge his feet into a base son of cold quarter. >> it is. there's a groove on the floor where the bowl was brought in. but he lived to be 84 so it's a pretty good policy. >> maybe i need a bucket. thomas jefferson was a guy who loved politics. he loved to design stuff, he was a big thinker, he kept great details but at the end of the day he was a guy who could bring two sides together. north, south, come on, let's wind up in the middle. >> he had endless appetite for art, for wine, for women, for architectural books and also power. he was born to it in virginia. the eldest son in an important family. i learned from a very early age. he was was a political apprentice. for 40 years he was pretty m
also an expert politician who knew exactly how to get things done, exactly in a partisan political environment. sound familiar? what lessons want we learn from him? joining us now, author of a new fantastic book called "thomas jefferson, the art of power." john meachem joins us live. >> you talk about how thomas jefferson, as he gets up first thing ing, as many people are now, he had a ritual he would plunge his feet into a base son of cold quarter. >> it is. there's a...
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we paid a lot of progress but veterans are uniquely prepared to dole with the chaotic environments. >>neil: very, very obvious. thank you very much. thank you for what you doing. in the meantime, did you see this ship? remember this ship? december 31, we are all on this ship? just not for very long. . hi. i'm henry winkler. and i'm here to tell homeowners that are 62 and older about a great way to live a better retirement. it's called a reverse mortgage. [ male announcer ] call right now to receive your free dvd and booklet with no obligation. it answers questions like how a reverse mortgage works, how much you qualify for, the ways to receive your money, and more. plus, when you call now, you'll get this magnifier with l.e.d. light absolutely free. when you call the experts at one reverse mortgage today, you'll learn the benefits of a government-insured reverse mortgage. it will eliminate your monthly mortgage payments and give you tax-free cash from the equity in your home. and here's the best part -- you still own your home. take control of your retirement today. ♪ ♪ ♪ ♪
we paid a lot of progress but veterans are uniquely prepared to dole with the chaotic environments. >>neil: very, very obvious. thank you very much. thank you for what you doing. in the meantime, did you see this ship? remember this ship? december 31, we are all on this ship? just not for very long. . hi. i'm henry winkler. and i'm here to tell homeowners that are 62 and older about a great way to live a better retirement. it's called a reverse mortgage. [ male announcer ] call right now...
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> reporter: i'm scott budman with a new fuel made here in the bay area that algae to help clean the environment. coming up, why it soon may be the way you fill up. >>> plus the news that will have dungeoness crab lovers feeling a little crabby. >> reporter: and i'm jeff ranieri live in san jose where brandon high is getting into the spirit, the giving spirit tonight. >> let's stop hunger. let's stop hunger! let's stop hunger! >>> good news, bad news for lovers of bay area dung juness crab. the good news, there will be crab by the end of the week. the bad news, fans may have to fork over a bit more money for it. >> if you're a dungeoness crab lover, then this is exactly the scene you want to see two days before the start of the commercial season. winches loading boats with crab pots. fork lifts racing about, and yesterday's fish becoming tomorrow's bait. >> everybody is just doing their final preparations, moving drops and trying to get organized for tomorrow. >> reporter: things around fishermen's wharf didn't look like this last year at this time. a price dispute between fishermen and processo
> reporter: i'm scott budman with a new fuel made here in the bay area that algae to help clean the environment. coming up, why it soon may be the way you fill up. >>> plus the news that will have dungeoness crab lovers feeling a little crabby. >> reporter: and i'm jeff ranieri live in san jose where brandon high is getting into the spirit, the giving spirit tonight. >> let's stop hunger. let's stop hunger! let's stop hunger! >>> good news, bad news for lovers...
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it's a question more and more people are aware of today climate change in the safety of our environment as a whole are being discussed around the world and perhaps it's those small steps that might be a start to people living in harmony with nature. good afternoon welcome to capital account i'm more in the store here in washington d.c. these are your headlines for tuesday nov thirteenth two thousand and twelve the new york stock exchange suspended trading and more than two hundred companies for most of the trading day yesterday according to the f.t. guess why a technical glitch so added to the list last crash facebook like out all high frequency trading a component involves the f.t.c. commissioner bart chilton is on the show to talk about what should be done and why it's taken so long to be frank and wall street journal reports a federal jury cleared two former money market mutual fund managers of fraud charges. this reportedly gets to the issue we've seen so often of how difficult it is to prove intent in these financial fraud or manipulation cases so does the law need to change when i
it's a question more and more people are aware of today climate change in the safety of our environment as a whole are being discussed around the world and perhaps it's those small steps that might be a start to people living in harmony with nature. good afternoon welcome to capital account i'm more in the store here in washington d.c. these are your headlines for tuesday nov thirteenth two thousand and twelve the new york stock exchange suspended trading and more than two hundred companies for...
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the vice president robert aims said it is about dumping dirty diesel to help the environment. >> when you burn it, there is a 30% reduction in particulate matter and 20% reduction in carbon monoxide and 10% reduction in total hydrocarbon. >> reporter: the price is the same as regular diesel. $4.23 a gallon. but after the splashy news conference and after the biofuel folks left, it seems the vallejo franchise didn't get the memo. they dropped their diesel price, under cutting the new bio deal by 16 cents. the new pumps sat alone hour after hour until finally lucy made history as a first person to purchase. >> do you know you are making history today? >> no. >> reporter: lucy was shy but number two jim purcell wasn't. he loaded his ram truck up with $100 of the stuff. he doesn't care if it comes from algae. >> i've run corn oil in this thing. that's the reason i bought a diesel. >> reporter: it is approved for use in all diesel engines without restrictions. >> it kind of smells like salad, sort of. well if you want some of this, hussle on down because the company said this is only a 0-
the vice president robert aims said it is about dumping dirty diesel to help the environment. >> when you burn it, there is a 30% reduction in particulate matter and 20% reduction in carbon monoxide and 10% reduction in total hydrocarbon. >> reporter: the price is the same as regular diesel. $4.23 a gallon. but after the splashy news conference and after the biofuel folks left, it seems the vallejo franchise didn't get the memo. they dropped their diesel price, under cutting the new...
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when we bought it just superior business model in a tough environment. if things get better, great, employment improves, we're going to have more hook-ups, housing improves, more connections, great growth story. if things don't get better, we're trying to protect for the downside and keep that optionalty if the economy improves. comcast could be a monster return on capital going forward. and that's been a big core holding for quite a while, as well. >> no kidding, you've done well -- you bought it down in the low 20s? >> i don't know the actual cost price in front of me. i can tell you it's been one of our big holdings for a couple of years. home depot and lowe's we bought at the end of '11. we had a thesis that housing was bottoming. and now the housing improvement is accelerating and that's a big deal for the u.s. economy when you think about the spillover effect in construction jobs, you know, furniture, auto, cement, everything that comes with household formation in new home purchases. >> well, we want to thank you for joining us today. >> my pleasur
when we bought it just superior business model in a tough environment. if things get better, great, employment improves, we're going to have more hook-ups, housing improves, more connections, great growth story. if things don't get better, we're trying to protect for the downside and keep that optionalty if the economy improves. comcast could be a monster return on capital going forward. and that's been a big core holding for quite a while, as well. >> no kidding, you've done well -- you...
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Nov 14, 2012
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the flow and investment and people follow countries that have a more competitive environment, and taxes is one of them. reform the tax code. when you do that, you get more revenue. guaranteed almost. i mean, it's, again, it's as i said earlier, there's opportunities here, and this is an opportunity for us as a country, and as you look at the budget analysis, joint tax committee analysis of what tax reform could be in terms of economic and growth, i mean, all of them will lead to more growth whether it's corporate tax reform or individual tax reform. >> right, but if the president insists, said last friday, he said this was fought over in the campaign, and we fought over tax rates, rising tax rates, he didn't use the word "rates" himself, but the press secretary said the president would veto any bill that extends tax rates. if he insists rates go up for those making over $250,000, what would your recommendation be to the republican congress in the senate? >> working in two white houses, i believe a president has a veto over the press secretary, thank goodness, because i like the presiden
the flow and investment and people follow countries that have a more competitive environment, and taxes is one of them. reform the tax code. when you do that, you get more revenue. guaranteed almost. i mean, it's, again, it's as i said earlier, there's opportunities here, and this is an opportunity for us as a country, and as you look at the budget analysis, joint tax committee analysis of what tax reform could be in terms of economic and growth, i mean, all of them will lead to more growth...
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Nov 14, 2012
11/12
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just stop the cut in an environment where it is absolutely essential. i had no children. maybe i will not feel it did not much. but like the last caller said i am ready to pay my their share. and the thing is that fairness is not guaranteed. but this is where i put my emphasis, what is democracy? we have got to try to work and create fairness. a graduated income tax is the best way to pay according to the ability to pay. the more you give, the more you pay. what is complicated? guest: the caller brings up a great point. this idea of tax fairness. who should pay more? another caller brought up before. what this caller is scion is that something that the president echoed again and again on the campaign trail. and he feels like this as part of the government moving forward. part of the tax fairness issue is at the wealthy should pay more to help pay down the deficit. the other caller was saying he feels like more people should pay federal income taxes to pay down the federal it deficit. this is sort of the two ways that the parties beer taxes or one way that they do. the fac
just stop the cut in an environment where it is absolutely essential. i had no children. maybe i will not feel it did not much. but like the last caller said i am ready to pay my their share. and the thing is that fairness is not guaranteed. but this is where i put my emphasis, what is democracy? we have got to try to work and create fairness. a graduated income tax is the best way to pay according to the ability to pay. the more you give, the more you pay. what is complicated? guest: the...
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Nov 14, 2012
11/12
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again, a specialty retailer, sometimes it's really tough and a hard retail environment. but the stock is up 18%. they have had a really good run of it. this one will be a good test of the overall consumer out there. tracy: i'm still thinking about justin bieber singing at a victoria's secret fashion show. he's too young. he needs a haircut. i'm so old, can't i can't even take it. sandra smith, thank you so much. he's like 12. up next, cisco systems moving higher today. reporting their first-quarter results. after the bell, coming up. countdown to the closing bell, liz claman will be speaking with john chambers. countdown to the closing bell is next. do not go anywhere. before copd... i took my son fishing every year. we had a great spot, not ey to find, but worth it. but with copd making it hard to breathe, i thought those days might be over. so my doctor prescribed symbicort. it helps significantly improve my lung funcon starting within five minutes. symbicort doesn't replace a rescue inhaler for sudden symptoms. with symbicort, today i'm breathing better. and that mean
again, a specialty retailer, sometimes it's really tough and a hard retail environment. but the stock is up 18%. they have had a really good run of it. this one will be a good test of the overall consumer out there. tracy: i'm still thinking about justin bieber singing at a victoria's secret fashion show. he's too young. he needs a haircut. i'm so old, can't i can't even take it. sandra smith, thank you so much. he's like 12. up next, cisco systems moving higher today. reporting their...
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Nov 14, 2012
11/12
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freedom and not dependency provides the environment needed to achieve these goals. government cannot do this for us. it only gets in the way. when the government gets involved, the goal becomes a bailout or a subsidy, and these cannot provide a sense of personal achievement. achieving legislative power and political influence should not be our goal. most of the change that is to come will not come from the politicians but rather from individuals, family, friends, intellectual leaders and our religious institutions. the solution can only come from rejecting the use of coercion, compulsion, government commands and aggressive force to most social and economic behavior. without accepting these restraints, inevitably the consensus will be to allow the government to mandate economic equality and obedience to the politicians who gain power and promote an environment that smothers the freedoms of everyone. it is then that the responsible individuals who seek excellence and self-esteem by being self-relyant and productive become the vills. in conclusion, one of the greatest
freedom and not dependency provides the environment needed to achieve these goals. government cannot do this for us. it only gets in the way. when the government gets involved, the goal becomes a bailout or a subsidy, and these cannot provide a sense of personal achievement. achieving legislative power and political influence should not be our goal. most of the change that is to come will not come from the politicians but rather from individuals, family, friends, intellectual leaders and our...
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Nov 14, 2012
11/12
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this flow of capital will follow countries that have more competitive environment and taxes are one of them. yes, we have to reform the tax code. when you do that, i will get more revenue. it is guaranteed. again, sort of as i was talking about earlier. this is opportunities here. this is opportunity for us as a country. if you look at the congressional budget analysis and joint tax committee analysis, what tax reform could mean in terms of macroeconomic impact and growth, all will lead to more growth, whether corporate tax reform or individual tax reform. >> right but if the president insists as he did last friday, this was fought over in the campaign and, fought over tax rates, rising tax rates, he didn't ice the words rates himself but jay carney, the white house press secretary said the president will veto any bill that extends the current tax rates. if he insists that tax rates go up for those making over $250,000, what's, what would your recommendation be to the republican congress and senate? >> first having worked in two white houses i believe a president does have a veto over
this flow of capital will follow countries that have more competitive environment and taxes are one of them. yes, we have to reform the tax code. when you do that, i will get more revenue. it is guaranteed. again, sort of as i was talking about earlier. this is opportunities here. this is opportunity for us as a country. if you look at the congressional budget analysis and joint tax committee analysis, what tax reform could mean in terms of macroeconomic impact and growth, all will lead to more...
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Nov 14, 2012
11/12
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tomorrow our committee on environment and public works, which the presiding officer serves on with such distinction, will hold a legislative hearing on the water resources development act. i appreciate very much chairman boxer's response to storms like sandy and the foresight she had to include a post-disaster program in the draft that will help states like mine recover from extreme exreem events such as hurricane sandy. also included is the northeast coastal restoration program aimed at building the natural and manmade barriers and wufers bufers from that protect our lives, our infrastructure and our natural resources from storms like sandy. when average temperatures rise you can also expect daily temperature records to be broken. and when average sea level rises, you can also expect an increase in peak coastal flooding. in fact, we have seen thousands of daily temperature records broken and costly coastal flooding, and the pain and damage caused by these extreme events has inevitably turned the nation's he attention to climate change. that is why a growing chorus of choices is convinc
tomorrow our committee on environment and public works, which the presiding officer serves on with such distinction, will hold a legislative hearing on the water resources development act. i appreciate very much chairman boxer's response to storms like sandy and the foresight she had to include a post-disaster program in the draft that will help states like mine recover from extreme exreem events such as hurricane sandy. also included is the northeast coastal restoration program aimed at...